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Dubai-based Polarcus is in the process of acquiring an ultra-wide 3D marine seismic project offshore Myanmar, and is breaking acquisition performance records

By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in

View More: Newsmakers News|60 Minutes News|Live News|More News Videos   CBS’s 60 Minutes on Sunday aired a special on the sinking of the El Faro

by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA

By Jonathan Saul and Ole Petter Skonnord (Reuters) LONDON/OSLO Norwegian companies that provide supply ships and drilling rigs to the global oil industry face

by David Wethe and Saleha Mohsin (Bloomberg) – The number of jobs gutted from oil and gas companies around the world has now passed the 250,000

Norway’s Petroleum Safety Authority has uncovered a number of defects and shortcomings in its investigation into the March 2015 fire onboard the

Editor’s NOTE: With Hurricane Sandy currently over Cuba and threatening Florida and the U.S. East Coast, here is a look at some of the top websites

  By Jeb Blount, Marta Nogueira and Stephen Eisenhammer RIO DE JANEIRO, Oct 7 (Reuters) – Brazil attracted little interest in a new oil and gas

  By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first

  By Keith Wallis SINGAPORE, Aug 26 (Reuters) – Malaysia and Indonesia are deploying rapid reaction teams to combat a soaring number of attacks on

  Daewoo Shipbuilding & Marine Engineering Co., the world’s number two shipbuilder, says it has cancelled a 703.4 billion won ($595 million)

  By Shelby Sebens PORTLAND, Ore. (Reuters) – Five Greenpeace protesters who dangled from a Portland, Oregon, bridge for two days in a bid to block

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption

  SHANGHAI, Aug 13 (Reuters) – The northeastern Chinese port of Tianjin is operating as normal after two massive explosions ripped through an

  Adam Williams, Andrea Navarro and Eric Martin (Bloomberg) — Mexico’s first auction of offshore oil leases fell short of the country’s

  An informal survey of convicted Somali pirates is shedding new light into their motivations, attitudes towards piracy, and what has been the biggest

BP's $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep

  Norwegian oil major Statoil says it has terminated its contract with the COSL Pioneer semi-submersible drilling rig some 13 months before the expiry